Premier Wynne responds to Toronto real estate crisis — here’s how the media covered it 

Ontario Premier Kathleen Wynne announced The Ontario Fair Housing Plan Thursday in Toronto’s Liberty Village neighbourhood, comprised of 16 initiatives to lasso the housing market. We’ve rounded up how the media has responded.

Ontario Premier Kathleen Wynne has revealed a plan for the Toronto real estate sector and other overheated markets to attempt to address what her government is calling a “problem.”

Highlights of the 16-point plan introduced to help curtail the city’s runaway housing sector include a new 15 per cent foreign property buyers’ tax, a cap on rent hikes, a new standard lease for tenants, a $125-million program to encourage new purpose-built rental apartment buildings and proposed changes for realtors.

Here is a snapshot of how the news media covered the announcement, including commentary and video.

CBC News

‘We know we have a problem’: Ontario lays out sweeping measures to curb high rents, home prices

The Globe and Mail

Wynne announces a 15% foreign buyers tax among measures to cool housing markets in Ontario: VIDEO

Global News

Commentary: Why Wynne’s no-win plan won’t fix Toronto’s real estate bubble

The Toronto Star

New tax, rent controls part of Wynne’s plan to protect tenants and homebuyers

CTV News

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